Washington and Florida insiders are exploring lucrative deals for a post-communist Cuba crushed by ever-increasing US sanctions

Spanish hotel chains. A Canadian mining firm. European shipping giants. Visa and Mastercard. Scores of foreign companies have been driven out of Cuba this summer over fear of being hit with potent, new secondary sanctions. Marco Rubio, the secretary of state, told Axios last month there are “no escape valves” from his unprecedented pressure campaign against the island.

But not everybody is losing out. A growing cast of Washington and Florida insiders – from billionaire Trump cronies and Rubio-linked lobbyists to Cuban exiles – are jockeying for control of the communist-ruled island-nation’s key assets, charging top dollar to help clients navigate the ever-expanding web of sanctions, and positioning themselves for lucrative business opportunities in the case of regime collapse.

Since an executive order signed by Donald Trump on 1 May drove Canada’s Sherritt International from its nickel and cobalt mining joint venture with the Cuban state, two rival US bids to buy out its stake have been presented to US authorities.

  • Cowbee [he/they]@lemmy.ml
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    1 month ago

    They are generally the ones that benefited from the fascist Batista regime, such as plantation owning slavers. They fled from the Cuban revolution, especially once the Cuban government implemented land reform and gave land to the peasantry.

    • MrSpArkle@lemmy.ca
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      1 month ago

      What kind of fantasy bullshit are you talking about? You think every Cuban that floated to miami on some piece of garbage was some wealthy slave owner?

      Fucking sapingo over here.

      Fidel imprisoned and punished and persecuted all kinds of people, and the American sanctions made life hard. The dry foot policy made it an easy decision for many people looking for a better life.

      The main driver for their support for Trump isn’t some fear of “the revolution”, it’s that Cubans are socially conservative, so they will latch onto the Republican Party.